Active

$699,000

Features:
  • 6 Bedrooms
  • 6 Bathrooms
  • 2816 sq ft
Overview
  • ID: MFRA4694284
  • Bedrooms: 6
  • Bathrooms: 6
  • Size: 2816 sq ft
Property Details
Remarks
Exceptional turnkey investment opportunity with a proven track record as a successful AIRBNB, PAD SPLIT, and co-living property generating over $85,000 net income annually over the past several years. Zoned Mixed Use / PR-S, this versatile property offers endless possibilities for investors seeking immediate cash flow with a fully operational setup ready from day one. Completely renovated from top to bottom, the property features a new roof, updated windows, newer AC system, fresh interior and exterior paint, and luxury ceramic tile flooring throughout, creating a clean, modern, and durable living environment designed for low maintenance and long-term appeal. Every detail has been thoughtfully planned to maximize functionality and comfort for both short-term and long-term occupants. The interior offers a spacious shared living room and communal kitchen concept ideal for co-living arrangements. Kitchen cabinetry is individually labeled to provide each resident with designated storage space, adding organization and convenience rarely found in similar properties. Each room comes fully furnished with beds, mini refrigerators, TVs, and essential furnishings, making the transition effortless for a new owner or operator. Electronic door access and security cameras at every entry point. Outside, the property continues to impress with ample onsite parking and a completely fenced private backyard designed for easy upkeep with virtually no lawn maintenance required. The owners have created a true turnkey operation by including furniture, household essentials, and much of the infrastructure already in place, allowing the next owner to immediately continue operations without interruption. Located in an incredibly desirable and centrally positioned area near State College of Florida and IMG Academy, the property is also within approximately 10 miles of Bradenton Beach, Anna Maria Island, downtown Sarasota, and downtown Bradenton. This prime location consistently attracts vacationers, traveling professionals, College students and teachers, seasonal residents, long-term tenants alike, corporate retreats or even an event destination Whether you are looking to expand your investment portfolio, operate a short-term rental business, or continue the successful co-living model already established, this unique property offers immediate income potential, strong location appeal, and a truly move-in-ready investment opportunity.
Financial Considerations
Price:
$699,000
HOA Fee:
N/A
Tax Amount:
$5469.97
Price per SqFt:
$248.22
Tax Legal Description:
LOT 19 BLK H SOUTHWOOD VILLAGE FIRST ADD REPLAT PI#61335.0000/6
Exterior Features
Lot Size:
10097
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
6
Heating:
Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1972
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Yard
Additional Features 2:
N/A
Map
  • Address
    5723 26TH ST W
Contact a Professional
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